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2016 Was A Bad Year For Private Equity In Africa

by afkinsider.com posted 1year ago 531 views
The fall in African private equity investment in 2016 could be a short-term blip. Among the losers was US-based Carlyle, one of the world's winningest investment firms. Carlyle invested $147m in Nigeria’s Diamond Bank in 2014. The bank's market cap fell by 90% over the subsequent two years.